Picture Strait LLC is an independent commodity consulting group with facilities in Miami and New York. The firm advises institutional metals mining and refining clients as well as proprietary trading firms and family offices on commodity related investments, risk management, futures/options execution and clearing and inventory finance. Strait LLC is active in developing commodity based yield enhancement strategies as well trading programs for institutional clients wishing to diversify into this space. Accordingly, the firm provides operations and marketing support for emerging managers in the alternative space. Before establishing Strait LLC in 2008 Rich Strait held the post of Marketing Director of Triland USA and Metals Marketing Director with the New York Mercantile Exchange. Prior to that he was employed as a market maker by several international metals trading groups and bullion dealers including Gerald Metals, Mocatta Corp, S+W Berisford Group and ING Derivatives. The managing principal, Rich Strait’s 30+ year career focus has been directed toward international non-ferrous and precious metals trading. Richard currently serves or has served on the Boards of Florida Alternative Investment Association, National Association of Introducing Brokers and is former chairman of the metro NY chapter of International Precious Metals Institute and served on the board of the Gold and Silver Institutes. He is a former member of the New York Mercantile Exchange where he maintained a floor brokerage unit trading in gold, silver, platinum, palladium and copper future/options. He is registered and in good standing with the National Futures Association where he served on the Board Nominating Committee. Richard also maintains director registration with The Cayman Islands Monetary Authority (CIMA).